Meanwhile, Huntsville. Cost of living is rising, but so are average wages. Most folks here can afford to live on minimum wage (which is unofficially around $13/hr here) with a roommate or two.I second that for the California house prices. I have friends looking for a house right now. We are 50 miles east of LA. Houses in decent neighborhoods/schools and 2000+sq' can't be touched for less than $1 million. A house will list for 900k, and within 24 hours people are bidding 1.25 million. It's nuts. 7 years ago we paid 500k and our property value has doubled. We could not touch our house if we had to buy today. Plus local family businesses are going under because they can't find anyone to hire. No one is taking entry level jobs. No one is applying, even with a $15 min/wage. Plus prices of materials and food goods has nearly doubled in the last two years. Honestly, those who have money are scooping everything up in a frenzy and those who don't are struggling to get by. This can't be sustained and the economy is going to POP! It won't be pretty. It's just a question of when...
There's a reason Cali is losing loads of people to TX.